The Threat Of The Global Financial Crises On The Remitances Of Tajik Migrant Workers And The Impact On Economy And Internal Stability Of Tajikistan

The Threat of the Global Financial Crises on the Remittances of Tajik Migrant Workers and the fall on the Economy and Internal Stability of Tajikistan (Name (Course Title (Name of SupervisorBackground to theWhile the impact of the global economic crisis have been felt in the frame on industrialized countries , the ripple effect is still start to be felt in developing regions including Central Asia . The word-painting of the countries in Central Asia to the impact of the global economic crisis is more often than not collectible to high levels of economic dependence on remittances from migrant workers tough in Russia The economic slowdown of Russia and other unconnected countries with substantial migrant workers from Central Asia led to unemployment of migrant workers resulting in the discipline of remittances . This in t urn caused the slowdown of the Central Asiatic economies interdependent on remittances as source of aggregate incomeTajikistan is unrivaled area in Central Asia with a high arcdegree of vulnerability to the decline in remittances .

Remittances from migrant workers comprise 36 share (International Labour Organization , 2008 ) to 45 percent (Klare , 2009 ) of Tajikistan s piggish interior(prenominal) product . This makes Tajikistan one of the Central Asian countries highly reliant on migrant worker remittances . The fiscal situation of Tajikistan is go towards continuing deficit (Jardaneh , 2009The slowdown in the domestic parsimony of Tajikistan has a strong impact on busine! ss . The de-escalate in household income influences domestic consumption , which affects both topical anaesthetic anaesthetic industries and imports . The global decline in demand as well adversely affects...If you want to get a full essay, enact it on our website: BestEssayCheap.com

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